Gateway tracks 4km strike at WA Yandal gold camp
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Murray Region
Gateway Mining has significantly expanded the footprint of its Yandal gold project, 85 Kilometers northeast of Wiluna in Western Australia. The company tracked shallow, oxidized gold mineralization in a massive 4-kilometer strike at the Haflinger mine.
Recent end-of-hole results from aerial core drilling along the Celia-Mustang trend also confirmed high-grade primary gold at Gateway’s Hummer mine; This indicates that the company may be in a major new gold camp in the heart of Western Australia.
The main result of the latest campaign was the great size that emerged in the Haflinger. The results extend the known high-grade mineralization to the south by 220 metres, increasing the total strike length of the oxide gold zone to 4 kilometers along the Celia Cutting structure.
Notable successes of the company’s southbound Haflinger extension drilling included a 12-metre run at 1.1 grams per tonne (g/t) gold from 104 metres, and another hole down to 8 meters at 1.1 g/t gold from 96 metres. Interestingly, the view is interrupted and offset by a fragile structure to the northeast; here another hole intersects a 4 meter stretch grading 1.4 g/t gold from just 48 metres.
‘These latest results of the Celia-Mustang Trend are another strong step forward.’
Gateway Mining CEO Richard Pugh
Gateway says the latest results support the previous monster intercept of 64 meters at 1.2g/t gold from 56 metres, followed by 24 meters at 2.4g/t gold, highlighting the significant potential for stacked ores within the wider structural corridor.
While Haflinger provides the scale, the company’s adjacent Hummer facility provides its own high-grade heat from bedrock. The prospect is located on sloping structure offshore Celia Shear and was first detected with a 16-metre strike at 1.0 g/t gold from 64 metres.
Recent drilling results appear to have revealed more than 200 meters of a primary gold mine beneath a larger 700-metre oxide zone. Importantly, the last two holes at Hummer were both completed with high-grade primary mineralization at the bottom of the hole and the system was open at depth.
Notable results included 6 meters at 2.2 g/t gold from 80 meters to the bottom of the hole and 5 meters at 1.7 g/t gold from 100 meters to the bottom of the hole. The results appear to confirm Gateway’s theory that the Celia-Mustang structural corridor contains a series of repeating, high-grade gold veins.
The company says this reflects the common geological environment of major gold systems found in the Yilgarn Craton. Its main characteristic is shear zones that flex around the edges of intrusions.
Gateway Mining CEO Richard Pugh said: “These latest results from the Celia-Mustang Trend are another strong step forward in what is rapidly emerging as a major new gold camp.”
Beyond its immediate success with Haflinger and Hummer, Gateway continues its momentum in its 1,780-square-mile territory in Yandal. The company expects significant analysis from an 18,000 meter drilling program 15 kilometers northwest of the Celia-Mustang trend in the Great Western region. First results are expected within the next two weeks.
The company says the highly anticipated results should complement the existing Yandal global resource of 8.17 million tonnes grading 1.52 g/t for 400,400 ounces of gold, currently focused on the Horse Well and Dusk ’til Dawn prospects.
With a formidable war chest of AU$15.7 million in cash and AU$5.6 million in liquid securities, Gateway is well-funded to continue accelerating its exploration program. Next steps will include systematic reverse circulation drilling to determine the plunge and geometry of newly identified lodes at Haflinger and Hummer, where primary mineralization in fresh rock remains largely untested.
Gateway’s big system play on Minor is starting to show its teeth; The four-kilometer strike is already assured, potentially with the presence of high-quality gold hidden at depth.
As punters await further results from the rotating drill rods on Haflinger and Hummer, they will likely be laser-focused on a set of analyzes due soon from Great Western.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
